Wireless Payment Innovator Commerciant® Partners with Wavecom

Commerciant® payment systems specialists and Wavecom (Nasdaq: WVCM), a leader in pre-packaged wireless communications solutions, today announced that Commerciant's newest line of innovative wireless payment terminals will features state-of-the-art modules supplied by Wavecom.

Ideal for a variety of vertical markets such as restaurants, airlines and mobile workers, MobileScape® is lightweight, rugged and exceptionally easy to use for the instantaneous processing of electronic payments such as credit and debit cards from almost anywhere in the United States. While the units can be customized to run a broad range of applications, they can also be instantly deployed right out of the box. In addition to processing payments, MobileScape® can process tips and capture signatures on the terminal's touch screen, and immediately provide a printed receipt of the transaction. Transactions are transmitted in real-time across Sprint's CDMA cellular network, and reports are immediately available to merchants through the secure MobileScape? Manager website.

"Commerciant®'s raison d'être is to create compelling value for the mobile merchant through the innovative use of technology. " said Manish Desai, Commerciant®'s founder and Chief Technology Officer. "We feel that partnering with Wavecom aligns Commerciant with a like-minded organization, one that has demonstrated a track record of commitment to innovation in the wireless industry."

Pierre Piver, President of Wavecom, Inc. added "The wireless payment industry is poised for significant growth in the U.S. and needs a complete solutions like Commerciant®'s. Merchants everywhere can appreciate the value that Commerciant consistently delivers through its low cost, innovative and easy-to-use platform, and we're delighted that they have chosen to work with Wavecom. The technological open platform and unique features supported by Wavecom, both for CDMA and GSM/GPRS are offering Commerciant the appropriate solution for further developments."

About Commerciant®

Commerciant® is a technology leader in the wireless payments and mobile business process service industry. Commerciant® provides authorization, settlement, wireless access, and its low cost, hand held MobileScape® terminal capable of performing remote credit card processing under a single contract. Powered by POSware®, the MobileScape® terminal delivers highly customizable mobile business process services.